2020 High Limit Slot Wins

High limit slots machines are games that allow you to play for higher stakes. In this type of games, can wager hundreds per spin. If you compare them to low limit slots, you can easily see they have numerous advantages than the latter counterparts. High limit slots not only generate an exciting and engaging experience but also include an overall higher payout rate if you are lucky enough to hit the right symbols. Moreover, if you play them in a land-based casino, you can enjoy playing in a dedicated, exclusive area. And finally, if you are a high roller you can take advantage of exceptional perks, which won`t be available on low limit slot machines.

• 2020 High Limit Slot Wins 2020
• 2020 High Limit Slot Wins Money

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Choosing a Denomination

Many online casinos will allow a wide range of coin denominations on their slot machines. So, before you start your gameplay, it is a good idea to select a denomination. This may sound like hard work, but actually, a little knowledge and some maths skills will help you make the best decision.

One thing you need to know is that the payout rate grows in parallel to the size of the denomination. That is no surprise. If we presume that you own a gambling venue, then certainly you would like to increase the amount of money you make per square foot. Knowing that penny slot machines take the same space as $25 slots you should think of a way to profit from both games.

The trick is to maximize your average winnings on the low limit games by minimizing the payout rate. To sum up, your casino will have an edge, no matter what the payout percentage is, in the long term you should always make a profit.

Now that is all covered, and we get back to the player’s point of view you have probably realized that it is not a good idea to gamble more than you can afford, just to increase your payout percentage. Practically speaking, your goal should be more fun with minimal losses. Then going on a trip with 500$ in your pocket, you choose a game with $25 per spin and you lose your whole bankroll in a matter of minutes would not be much fun, right?

How do you make the math?

Statistics has it that the mass slot gamers make 600 wagers on an hourly basis. To calculate your loss, you will need basic multiplication and guesswork. Let`s take Nevada for our example. The slots there have a max house advantage of 25%. The worst situation that may happen is to lose 25% of each bet that you make. With that information in mind, you can do this simple calculation to predict your losses:

600 hourly bets x $25 per spin X 25% the max house edge = $3750 hourly loss.

These numbers may shock you at first sight, but this will be the case only if you do not choose a game with a better payout percentage. So the first thing you need to do before starting to play with real money is to find a slot with decent payout rates.

This could be a game with a 90% payout percentage, which will result in only 10% loss. Now the figure changes drastically. If you do the equation with the same number of spins on an hourly basis, you will get $1500 per hour. Fair enough.

2020 High Limit Slot Wins 2020

If this sounds a bit too much for you and you prefer to keep it low, then you should probably stick to penny slots. This way even with a 25% edge you will lose only $1.50. You can play for a longer time with this amount of loss, but at a point, you will certainly get bored beyond belief.

It would be best if you try to find a denomination that is somewhere in between high and low limit slots. Your aim should be to play slot games that are high enough to keep you entertained, and at the same time affordable enough, so they do not empty your pockets.

Another source for guidance is the book “Poker Night: Winning at Home, at the Casino, and Beyond” by John Vorhaus, where he gives you a closer look at his “gulp limit” principle. This concept is used when you try to define the amount of your gaming bankroll. It should be big enough, so you would gulp if you happen to lose it.

2020 High Limit Slot Wins Money

How long would you like to play?

When you come up with the numbers of your gambling bankroll, think of how much time you would like to spend playing and reverse the equation that we have previously discussed to find out your denomination. To make things clear, again we will give you an example.

Let`s presume you are planning a trip to Vegas for one weekend. Your goal is 4-hour gameplay a day with minimum loss and maximum fun. This makes a total of 8-hour gambling. If you stick with penny slots we have mentioned above, you will be good to go with $10 or $20. Doesn`t it sound like much fun?

This may be right, but if you choose 25$ slots, then be prepared with $12k for just two days. Below you can find other suggestions for reference of the same scenario:

• 5$ slots – from $5000 to $10,000;
• 1$ slots – from $1000 to $2000;
• Quarter slots – from $250 to $500;
• Nickel slots – $50 or $100.

These numbers may vary a lot and are given only as an example, and the objective is not to lose that exact sum. Your target should be to define the max time and most fun you can spend gaming within the lines of your budget.

Online High Limit Slots

While the majority of online casinos offer low limit slots like those in land-based casinos, there are still plenty which provide a wider betting range. There is a little hint that you should be aware of – certain players can be accommodated with high limit slots depending on the software the casino uses. Not all have this offer, but it is worth asking their customer service to send you a list of high limit games if they support high rolling.

Let`s not forget that some online games can already be played for higher stakes per spin. These games let you bet on multiple pay lines, and as a result, your wager can be pushed upward very fast. Let`s take a 5$ game with 9 pay lines per single spin, for instance, meaning your wager will go up to 45$ per spin. Certainly, this is not the highest numbers that can be found online, but it is quite enough to get you started and keep you going.

Most importantly, online casinos tend to offer higher payout percentages than their land-based counterparts, because they are operating at lower costs. Moreover, online casinos provide the convenience of playing privately anytime, anywhere and nevertheless, in the palm of your hand.

Comparing Online High Limit & Land-Based Slots

There is a significant difference between land-based casinos and online high limit slot games. The latter offer instant, real cash bonus games, which cannot be found in venues in Vegas, for example.

So, what should you expect when choosing high limit slots?

1. First of all, you should look for casinos offering reliable banking. Undoubtedly, if you are a high roller and deal with big sums, you need reliable banking options, which provide fast and secure deposits and withdrawals. You can rest assured, knowing that all the casinos listed below have first class banking services with various options, increased limits and most of all the fastest withdrawals that can be found online.
2. Secondly, professional around the clock customer service is a must. Whatever questions you might have or help that you need should be provided at any time of the day. Even so, high limit gamers should anticipate support directly from the venue`s manager. This way you can rest assured that all your requirements will be attended as fast as possible, 24/7 by a true expert in the field.
3. Moreover, you should not forget the VIP bonuses and promotions. As in Las Vegas, the most reputable online casinos offer to their best customers one-of-a-kind promotions. The casinos that you will find listed here, provide excellent bonuses even for deposits such as $500, that are impossible to get with low limit games.
4. Last but not least are the VIP Prizes. Our selection of online casinos gives numerous spectacular rewards, some of which are not even advertised to their VIP gamblers. From deluxe vacations to designer watches, you will be pampered like no other.

If you are already interested in playing high limit slots online and you are wondering which site to choose, you should definitely start with Spin Palace. With more than 600 slot games in their portfolio from the best gaming companies in the world like Microgaming, you will truly have a great time. They offer the latest and classic Las Vegas style slots, also a professional customer support with the easiest and fastest options for deposit and withdrawals.

Las Vegas High Limit Slot Machines

You may find yourself wondering which are the top casinos for high rollers in Vegas. To avoid the hustle, we have done the work for you.

For quite some time, 3-reel slots have proven their reputation as one of the most valuable and preferred games. Amongst the most popular ones are Red White and Blue, Triple Diamonds and Double Diamonds. Another widely spread game is Wheels of Fortune. While most of the brands can be played with $10, $20 or even $100 per spin, Wheels of fortune allows wagers like $500 per spin!

Not far behind are 5-reel video slot games. Surprisingly, as much as we love newcomers like Wizard of Oz slots, traditional games are still more preferred. Classic names like Lobstermania and Cleopatra are still the majority of games found in high limit rooms.

Top High Limit Slots Rooms

All of the most reputable casinos in Vegas offer high limit slots. But if you find yourself not located in the very popular region there, but somewhere a little bit farther away, it will be harder to find them.

To make things easier, we have selected the three top gambling venues in Vegas offering high limit slot machines.

1. Monte Carlo – They have a spectacular high limit slot room with various games including the incredible Texas Tea slot machine.
2. Caesars Palace Casino – You can choose between two exclusive VIP rooms. Bear in mind, that one of them has staff. Also, there you can choose between numerous games even new video slots that are impossible to find anywhere else.
3. Bally`s – The room in this casino has a nice location – right in the middle. It also has a wide gaming portfolio. Get ready to be pampered by the staff with free drinks all the time.

This is only a very limited selection of the casinos that are worth visiting to enjoy high limit slots. Vegas is the place to enjoy high limit slot rooms. To find the one that suits your taste, just plan a trip and choose your favorite.

Other Types

These can be quite expensive, and most people cannot afford them, if you are one of them, check out the table below.

The most common denominations for slots

• Pennies ( lowest possible denomination of currency)
• Nickels (most inexpensive way to earn a decent award)
• Quarters (more expensive than nickels but with better payout)
• Dollars (see how to test your luck with only a dollar to get started)

Introduction to Colorado Slot Machine Casino Gambling in 2020

Colorado slot machine casino gambling consists of 31 casinos in the three historic mountain tows of Black Hawk, Central City, and Cripple Creek including two American Indian tribal casinos within the state.

I’ve dedicated this weekly series to slot enthusiasts such as yourself as you master casino slots and win your way to success by using this State-By-State Online Resource to improve your slots gambling performance by reviewing your state’s slots gaming industry.

Keep Reading … Or Watch Instead!

Or … Listen Instead!

Find my podcast wherever you listen to audio!

Relevant Legal Statutes on Gambling in Colorado*

The minimum legal gambling age in Colorado depends upon the gambling activity:

• Land-Based Casinos: 21
• Poker Rooms: 21
• Bingo: 18
• Lottery: 18
• Pari-Mutuel Wagering: 18

Legalized gambling arrived in 1991 for Black Hawk, Central City, and Cripple Creek. In 2008, Colorado voters approved raising the maximum bet in these towns from $5 to $100.

In November 2020, Colorado voters gave voters in these three towns the right to vote to add new games and raises the maximum bet limit for their municipality, potentially providing a boost to their economies.

The two National Historic Districts are Black Hawk/Central City and Cripple Creek. When legalized in 1991, the hope was that gaming in these towns would revive and protect them.

Slot Machine Private Ownership in Colorado

It is legal in the state of Colorado to own a slot machine privately if manufactured before 1984.

Gaming Control Board in Colorado

The Colorado Division of Gaming regulates gambling in the three historic mountain towns. This gaming control board is within Colorado’s Department of Revenue’s Enforcement Division.

Regulation of gaming at Colorado’s two tribal casinos is through their negotiated tribal-state compacts allowing Class III Vegas-style electronic gaming machines and table games.

These gaming compacts created Colorado’s two tribal gaming control commissions, which operate with support from the state gaming control board:

Casinos in Colorado

Colorado has 29 commercial casinos and two American Indian tribal casinos with slot machines.

The largest casino in Colorado is Ameristar Casino Resort Spa Black Hawk with 1,513 gaming machines.

The second-largest casino is Monarch Casino Resort Spa Black Hawk with 1,200 gaming machines.

Commercial Casinos in Colorado

There are 29 commercial casinos within the historic mountain towns of Black Hawk, Central City, and Cripple Creek including:

Black Hawk, 50 miles west of Denver, with 5,353 gaming machines:

Central City, 4 miles west of Black Hawk, with 1,479 gaming machines:

Cripple Creek, 112 miles south of Denver, with 2,736 gaming machines:

Central City is relatively more historic than the other two mountain towns. Black Hawk is much more of a typical casino town, nearly reminiscent of Las Vegas. Cripple Creek feels like a bit of both.

Black Hawk and Central City are only four miles apart. Consequently, there is a heated competition between these two towns for revenue since gambling legalized in 1991.

Tribal Casinos in Colorado

Colorado has two tribal casinos:

1. Sky Ute Casino Resort in Ignacio, 330 miles southwest of Denver near the Arizona border, operated by the Southern Ute Indian Tribe.
2. Ute Mountain Casino Hotel in Towaoc, 400 miles southwest of Denver near the southwest corner of Colorado and 112 miles west of Ignacio, operated by the Ute Mountain Tribe.

Other Gambling Establishments

As an alternative to enjoying Colorado slot machine casino gambling, consider exploring casino options in a nearby state. Bordering Colorado is:

• North: Wyoming Slots
• Northwest: Nebraska Slots
• East: Kansas Slots
• South: New Mexico Slots
• Southeast: Oklahoma Slots
• West: Utah Slots
• Southwest: Arizona Slots at Four Corners

Each of the links above will take you to my blog for that neighboring U.S. state to Colorado.

Our Colorado Slots Facebook Community

Are you interested in sharing and learning with other slots enthusiasts in Colorado? If so, join our Colorado slots community on Facebook. All you’ll need is a Facebook profile to freely join this closed Facebook Group community.

There, you can meet online and privately share your slots experiences with local slots enthusiasts about playing slot machines in Colorado. Join us!

Payouts and Returns in Colorado

No theoretical payout limits exist for Colorado’s commercial or tribal casinos.

The Division of Gaming offers return statistics by slot machine denomination. These hold percentages come state-wide and are for each of the three historic mountain towns, but not by individual casino within those towns. Player win% is 100% minus the hold% provided.

From the recent month of October 2020, player return percentages for all denominations were:

• State-wide: 92.64%
• Black Hawk: 92.20%
• Central City: 94.18% (highest town return)
• Cripple Creek: 93.31%

These monthly reports also provide return statistics by slot machine denomination. For October 2020, they are:

For this month, $2 denomination slot machines in Black Hawk had the highest return at 96.35%. However, the state report shows there are only thirty $2 slot machines in Black Hawk, but careful evaluation of $2 returns in other months may indicate this high return was due to an outlier from a single large jackpot win.

The second-highest return is from the $1 denomination slot machines in Central City. As the state return shows 143 such machines there, it is less likely to be an outlier and more likely for a majority of the $1 slot machines in Central City.

Colorado’s two tribal casinos do not have publicly available return statistics.

Summary of Colorado Slot Machine Casino Gambling in 2020

Colorado slot machine casino gambling consists of 29 commercial casinos in the historic mountain towns of Black Hawk, Central City, and Cripple Creek. Two tribal casinos are on reservations near the Arizona border and in the southwest corner of Colorado.

Annual Progress in Colorado Slot Machine Casino Gambling

In November 2020, voters approved Amendment 77 of the Colorado Constitution with 60% of residents in favor. The amendment gives local control to residents of Central City, Black Hawk, and Cripple Creek to vote to add new casino games and raise the maximum bet limit, capped at $100 since 2008.

Otherwise, Ameristar Blackhawk added about 260 slot machines while Monarch Black Hawk climbed to second-largest casino in Colorado, moving past Isle of Capri.

Related Posts from Professor Slots

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Have fun, be safe, and make good choices!
By Jon H. Friedl, Jr. Ph.D., President
Jon Friedl, LLC